The 66-year-old on-air host is facing negotiations with a satellite radio company, as his current contract is due to close in late December, according to Bloomberg.
According to the outlet, Stern’s previous five-year deals ranged from $ 80 million to 100 100 million.
For the extension of his next contract, he is seeking 120 120 million.
However, on her show on Wednesday, Stern said it was unclear where she was negotiating.
He said, “I haven’t seen a deal, I haven’t heard anything about this money. I’m willing to make that deal if I can get it – it felt great.”
The host’s comment about the pay rise in the report, “I tell Sirius now, whatever I read, I want. I’ll take it now, I’m a bad negotiator. I’m, ‘OK, I’ll take’, I’m inside, Let’s do it. ‘
According to Bloomberg, negotiations for a pay rise may still be different as Sirius XM’s CEO, Jim Meyer, is due to retire at the end of the year.
Speaking at the Goldman Sachs event in September, Meyer 65 said of Stern: “I can tell you that we have a very good understanding of the economics of materials like Howard Stern. I can look every investor in the eye and tell them that Sirius is a good investment for XM. “
|Siri||Sirius XM Holdings INC.||5.82||+0.26||+ 4.59%|
|LSXMK||Liberty Media Corp.||35.49||+1.15||+ 33.3333%|
Sirius XMA, which bought streaming service Pandora and podcast company Stitcher last year, made ન 8 billion in revenue last year. According to SEC filing.
Liberty Media has a majority stake in Sirius XM, run by legendary media mogul, John Malone. In the second quarter of 2020, Sirius XM had about 34.29 million subscribers, up from 34.13 million in the same quarter a year earlier.
The satellite radio CEO also expressed skepticism about Stern during a Bank of America event last month.
“I am very optimistic about that conversation. We continue to make progress, ”he said Final line.
The mayor added: “We’ve had Howard for 15 years and I’m sure every penny we paid to Howard would benefit our shareholders. And I’m really clear, Howard Stern wants to work on SiriusXM as long as Howard Stern wants to work. “
The representative for SiriusXM had no comment when Fox arrived by business. Stern’s representative did not immediately respond to a Fox request for comment.
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